From Morningstar: 2025-05-06 10:54:00

Deliveroo and DoorDash have agreed on a final acquisition offer, with DoorDash set to acquire Deliveroo for £2.9 billion, or GBX 180 per share. The deal is part of a trend of consolidation in the food delivery sector, with DoorDash holding a 60% market share in North America and expanding internationally through acquisitions.

The acquisition offer represents a 29% premium to Deliveroo’s closing price on April 24, 2025. The deal is expected to be executed, leading Morningstar Equity Research to raise its fair value estimate for Deliveroo to GBX 180 per share from GBX 175 per share. DoorDash’s acquisition of Deliveroo complements its existing international footprint.

Morningstar does not own any shares in the securities mentioned. The information provided is for educational and informational purposes only and should not be considered as an invitation or inducement to buy or sell securities. It is important to consult a financial professional before making any investment decisions.



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